Sectors & Industries Consumer CyclicalFootwear & Accessories
Best Shoe Stocks to Buy Now (2022)
Top shoe stocks in 2022 ranked by overall Zen Score. See the best shoe stocks to buy now, according to analyst forecasts for the footwear & accessories industry.

Industry: Footwear & Accessories

Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
DECK	DECKERS OUTDOOR CORP	NYSE	Footwear & Accessories	$6.56B	$240.92	-2.91%	$583.40M	15.94x	0.63
CROX	CROCS INC	NASDAQ	Footwear & Accessories	$3.00B	$48.73	-8.92%	$711.41M	4.29x	11.80
SHOO	STEVEN MADDEN LTD	NASDAQ	Footwear & Accessories	$2.66B	$33.26	-2.95%	$329.18M	10.63x	0.52
RCKY	ROCKY BRANDS INC	NASDAQ	Footwear & Accessories	$249.60M	$34.13	-3.20%	$42.10M	10.67x	2.35
VRA	VERA BRADLEY INC	NASDAQ	Footwear & Accessories	$190.26M	$5.85	-5.03%	$57.44M	11.04x	0.49
WEYS	WEYCO GROUP INC	NASDAQ	Footwear & Accessories	$250.91M	$26.04	1.44%	$33.81M	10.80x	0.29
WWW	WOLVERINE WORLD WIDE INC	NYSE	Footwear & Accessories	$1.58B	$19.58	0.36%	$120.40M	40.79x	3.57
SKX	SKECHERS USA INC	NYSE	Footwear & Accessories	$5.40B	$34.68	-4.59%	$662.26M	7.06x	0.86
NKE	NIKE INC	NYSE	Footwear & Accessories	$168.85B	$107.29	-1.23%	$8.12B	27.80x	1.61
CAL	CALERES INC	NYSE	Footwear & Accessories	$787.68M	$20.93	-6.69%	$271.36M	5.83x	4.77
FL	FOOT LOCKER INC	NYSE	Footwear & Accessories	$2.89B	$30.09	-1.86%	$1.45B	3.45x	1.51
AREB	AMERICAN REBEL HOLDINGS INC	NASDAQ	Footwear & Accessories	$3.27M	$0.69	-4.17%	-$5.99M	-0.14x	0.17
FORD	FORWARD INDUSTRIES INC	NASDAQ	Footwear & Accessories	$15.09M	$1.50	-6.25%	$437.71k	-150.00x	1.98

Shoe Stocks FAQ

What are the best shoe stocks to buy right now in May 2022?

According to Zen Score, the 3 best footwear stocks to buy right now are:

1. DECKERS OUTDOOR (NYSE:DECK)

DECKERS OUTDOOR (NYSE:DECK) is the top shoe stock with a Zen Score of 71, which is 21 points higher than the shoe industry average of 50. It passed 24 out of 33 due diligence checks and has strong fundamentals. DECKERS OUTDOOR has seen its stock lose -28.86% over the past year, overperforming other shoe stocks by 2 percentage points.

DECKERS OUTDOOR has an average 1 year price target of $427.86, an upside of 77.59% from DECKERS OUTDOOR's current stock price of $240.92.

DECKERS OUTDOOR stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering DECKERS OUTDOOR, 42.86% have issued a Strong Buy rating, 42.86% have issued a Buy, 14.29% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. CROCS (NASDAQ:CROX)

CROCS (NASDAQ:CROX) is the second best shoe stock with a Zen Score of 67, which is 17 points higher than the shoe industry average of 50. It passed 23 out of 33 due diligence checks and has strong fundamentals. CROCS has seen its stock lose -52.18% over the past year, underperforming other shoe stocks by -21 percentage points.

CROCS has an average 1 year price target of $127.00, an upside of 160.62% from CROCS's current stock price of $48.73.

CROCS stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering CROCS, 40% have issued a Strong Buy rating, 20% have issued a Buy, 40% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. STEVEN MADDEN (NASDAQ:SHOO)

STEVEN MADDEN (NASDAQ:SHOO) is the third best shoe stock with a Zen Score of 64, which is 14 points higher than the shoe industry average of 50. It passed 24 out of 38 due diligence checks and has strong fundamentals. STEVEN MADDEN has seen its stock lose -18.76% over the past year, overperforming other shoe stocks by 13 percentage points.

STEVEN MADDEN has an average 1 year price target of $52.20, an upside of 56.95% from STEVEN MADDEN's current stock price of $33.26.

STEVEN MADDEN stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering STEVEN MADDEN, 66.67% have issued a Strong Buy rating, 16.67% have issued a Buy, 16.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the shoe stocks with highest dividends?

Out of 7 shoe stocks that have issued dividends in the past year, the 3 shoe stocks with the highest dividend yields are:

1. FOOT LOCKER (NYSE:FL)

FOOT LOCKER (NYSE:FL) has an annual dividend yield of 3.99%, which is 2 percentage points higher than the shoe industry average of 2.27%. FOOT LOCKER's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. FOOT LOCKER's dividend has shown consistent growth over the last 10 years.

FOOT LOCKER's dividend payout ratio of 11.5% indicates that its dividend yield is sustainable for the long-term.

2. WEYCO GROUP (NASDAQ:WEYS)

WEYCO GROUP (NASDAQ:WEYS) has an annual dividend yield of 3.69%, which is 1 percentage points higher than the shoe industry average of 2.27%. WEYCO GROUP's dividend payout is stable, having never dropped by more than 10% in the last 10 years. WEYCO GROUP's dividend has shown consistent growth over the last 10 years.

WEYCO GROUP's dividend payout ratio of 39.8% indicates that its dividend yield is sustainable for the long-term.

3. WOLVERINE WORLD WIDE (NYSE:WWW)

WOLVERINE WORLD WIDE (NYSE:WWW) has an annual dividend yield of 2.04%, which is the same as the shoe industry average of 2.27%. WOLVERINE WORLD WIDE's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. WOLVERINE WORLD WIDE's dividend has shown consistent growth over the last 10 years.

WOLVERINE WORLD WIDE's dividend payout ratio of 83.3% indicates that its dividend yield is sustainable for the long-term.

Why are shoe stocks down?

Shoe stocks were down -3.08% in the last day, and down -6.87% over the last week. CROCS was the among the top losers in the footwear & accessories industry, dropping -8.92% yesterday.

Shares of retail and apparel companies are trading lower in sympathy with Abercrombie, which dropped following Q1 results. The company said higher-than-expected freight and product costs impacted its margins.

What are the most undervalued shoe stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued shoe stocks right now are:

1. VERA BRADLEY (NASDAQ:VRA)

VERA BRADLEY (NASDAQ:VRA) is the most undervalued shoe stock based on WallStreetZen's Valuation Score. VERA BRADLEY has a valuation score of 100, which is 43 points higher than the shoe industry average of 57. It passed 7 out of 7 valuation due diligence checks.

VERA BRADLEY's stock has dropped -44.5% in the past year. It has underperformed other stocks in the shoe industry by -13 percentage points.

2. ROCKY BRANDS (NASDAQ:RCKY)

ROCKY BRANDS (NASDAQ:RCKY) is the second most undervalued shoe stock based on WallStreetZen's Valuation Score. ROCKY BRANDS has a valuation score of 86, which is 29 points higher than the shoe industry average of 57. It passed 6 out of 7 valuation due diligence checks.

ROCKY BRANDS's stock has dropped -35.81% in the past year. It has underperformed other stocks in the shoe industry by -5 percentage points.

3. CROCS (NASDAQ:CROX)

CROCS (NASDAQ:CROX) is the third most undervalued shoe stock based on WallStreetZen's Valuation Score. CROCS has a valuation score of 71, which is 14 points higher than the shoe industry average of 57. It passed 5 out of 7 valuation due diligence checks.

CROCS's stock has dropped -52.18% in the past year. It has underperformed other stocks in the shoe industry by -21 percentage points.

Are shoe stocks a good buy now?

50% of shoe stocks rated by analysts are a strong buy right now. On average, analysts expect shoe stocks to rise by 78.25% over the next year.

What is the average p/e ratio of the footwear & accessories industry?

The average P/E ratio of the footwear & accessories industry is 25.78x.

WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.